EBITDA rose marginally to Rs 83.8 crore in Q4 FY23 as compared with Rs 83.7 crore posted in corresponding quarter last year. EBITDA margin stood at 45.8% in Q4 FY23 as against 46.3% in Q4 FY22.

On full year basis, the company's consolidated net profit jumped 31.78% to Rs 195.7 crore in FY23 as compared with Rs 148.5 crore in FY22. Revenue from operations rose 12.59% year on year to Rs 720 crore in FY23 over FY22.

Cash and cash equivalent stood at Rs 3,09 crore as on 31 March 2023. Non-domestic mutual fund revenue share in overall revenue improved to 29% in FY23 versus 26% in FY22.

As on 31 March 2023, number of alternate funds stood at 411, 143 new funds added during FY23.

Sreekanth Nadella, managing director and chief executive officer (CEO), KFin Technologies , said, “We have hastened the implementation of our strategy to diversify and broad base growth by investing in our younger and faster-growing businesses across geographies.

We successfully integrated Hexagram's fund administration capabilities to win new clients in India and abroad to expedite our aspirations to be globally relevant. We invested in two new businesses - OneMoney and WebileApps, to make major strides in the evolving ecosystem of account aggregator industry and to consolidate our digital prowess to add differentiating value to our clients, partners, and shareholders.”

KFin Technologies is engaged in providing service of registrar to the public issue of securities, registrar to the securities transfers, and back office operations to mutual fund houses and data processing activities.

The scrip tumbled 4.85% to Rs 319 on the BSE.